"Activity picked up following Basel
3 implementation in January 2014, with issuance to date limited to the local market amid more favorable pricing for the banks and healthy domestic demand from institutional investors and trust accounts," said Fitch.
The world's first Basel
III compliant sukuk was issued in November 2012 by Abu Dhabi Islamic Bank (ADIB) in UAE.
The main objective of Basel
III is to improve the quality of risk management in the banking sector, which in turn will enhance the stability of the financial system as a whole.
In spite of the difference in terminologies, these very principles have found their way at the global level, particularly in international multilateral agreements, such as the Basel
During the presentation of the award, the presenter called the player "a superhero" for Basel
"In London Basel
won us with a strategic move and in Basel
they have scored a goal at the end with a long ball.
In 2010, its members adopted the Basel
III rules to strengthen the banking sector's resilience.
Held at Volkshaus Basel
, the event is the first international fair in Switzerland specific to photography-based art.
's prosperity was associated first with silk weaving then with dyeing and both economic mainstays went on to evolve into the pharmaceutical and chemical industry which laid the foundations for its reputation as the country's wealthiest city.
III is a set of measures developed by the Basel
Committee on Banking Supervision.
has a whopping number of museums (almost 40!) in this small, beautiful city.